The GGIVE Pact Whitepaper THE TOKEN OF CHOICE FOR GLOBAL CHARITIES The Big Bang Where it began GGIVE was founded after a group of honest investors were rug- pulled by the dev of another token. It has since evolved from a small group of defiant crypto enthusiasts to a broad and diverse body of talents dedicated towards making the cryptoverse a SAFU place for investors to generate wealth and encourage true altruism. Why we are different GGIVE is established upon the principle of transparency. Every member of our team is fully doxed on all our platforms. We are made up of a diverse group of individuals from all over the Globe and are all Given to charity. Furthermore, our tokenomics ensures an organic growth of our token to facilitate our charity endeavours. Some important features of our token that differentiates us from the rest include: a progressive “toxic whale” tax, a bot killer tax, automatic liquidity pool (LP) generation, dedicated charity wallets, and static reflection. 02 THE GRAND UNIFICATION Our purpose GGIVE revolves around providing a unified community-driven cryptocurrency platform for charities of all backgrounds and magnitude to flourish. This is backed by a token that provides increased investor protection via several mechanisms that rewards investors for holding GGIVE through static reflection... Why reflection? Reflection aims to reward holders of the token dependent upon the volume held. Consequently, this will reduce selling pressure and encourage organic growth, especially in the early phase of adoption. Holders will be able to earn passive income with every transaction by increasing the quantity of their tokens with 2% of transactions redistributed to them. 03 INVESTOR PROTECTION Are all whales bad? No! But some are just toxic Ernest Hemingway...Not! Toxic Whale Tax We all despise toxic whales, don’t we? Well, the GGIVE team has the perfect solution. We have formulated a progressive taxing system that aims to discourage large dumps. We at GGIVE are committed to protecting our investors and ensuring a steady rise to the moon! A progressive tax will therefore apply to each transaction and will increase dependent upon the number of tokens sold as a percentage of total circulating supply. This “whale tax” will be in addition to the nominal 10% tax for all transactions. For example, an additional 10% tax will be automatically generated for a whale trying to dump up to 1% of the total circulating supply, whereas a 1% additional tax will apply to another whale trying to dump 0.1% of the total circulating supply. This additional tax will also apply if these whales try to dump the tokens in fragmented transactions. This mechanism protects all holders and does not affect most retail investors. BUYERS ARE EXCLUDED FROM THE TOXIC WHALE TAX!!! 04 ADDITIONAL SECURITY Bot Killer We have invested a lot of resources to ensure that our token is not ruined and manipulated by bots. Automatic Liquidity Pool (LP) The Liquidity pool creates a price floor for the token and helps to keep the price stable. The GGIVE team understands the value of adequate LP for investor protection. This is why we have dedicated 8% of the nominal tax towards the LP. The LP is locked on pancakeswap for 4 months after which it will be reviewed and extended as needed. It was necessary to cap the LP lock for 4 months to plan ahead of any potential PancakeSwap upgrades – most tokens have been unable to migrate to V2 due to locked liquidity on V1. The automatic LP also acts as a burn feature for our token. The tokens that go into the LP are locked and cannot be returned into the circulating supply; therefore, creating a deflationary dynamic to our token. This means that the total supply reduces with each transaction hence raising the price floor. Multi-Signature Wallets To provide extra security, a minimum of 5 signatures are required to unlock the charity wallet. 05 CHARITY Our core values Our token has created an innovative way to fundraise for charities at the same time as generating wealth for investors. We have several funding streams for charities. Firstly, we have a charity wallet with 5% of the total circulating supply. This wallet will be used to donate to charities globally and fund community projects that are voted upon by the community. Secondly, we have partnered with charities that are willing to adopt a wallet with our token to directly receive donations from our community. These charities have shown immense faith in us and are willing to grow with us in this wonderful endeavour. 06 TOKENOMICS GGIVE Code GGIVE employs 3 simple functions Reflection + LP acquisition and burn + Progressive whale tax In each trade, the transaction is taxed a 10% fee, which is split 2 ways. - 2% fee = redistributed to all existing holders - 8% fee is split 50/50 half of which is sold by the contract into BNB, while the other half of the GGIVE tokens are paired automatically with the previously mentioned BNB and added as a liquidity pair on PancakeSwap. An additional progressive tax is applied to discourage whale dumps as described previously. GGIVE contract address: 0x60e9880daef10e960da3c45b076dbdac4f111edf Total supply: 1,500,000,000 Presale supply: 25% of total supply Fair launch supply: 990,000,000 Charity wallet: 5% of total supply Development wallet: 5% of total supply 07 The content of this document is provided for educational and informational purposes only. It is not intended to be and does not constitute financial, investment or trading advice of any kind. You shouldn't make any decisions as to finances, investing, trading or anything else based on this information without undertaking independent due diligence. Trading of Bitcoin and Altcoins have potential risks involved. Anyone wishing to invest should seek their own financial advice.
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